Home Rental Prices in Spain Increase by 3.4% in Q1

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The average cost of renting a home in Spain increased by 3.4% in the first quarter (Q1) of 2016 to €7.24 m2 per month, according to the latest real estate index published by Fotocasa. This is the most significant first quarterly increase recorded by the real estate index since Q1 of 2007 when home rental… Read more »

Property Prices Increase in Spanish Coastal Areas

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The property recovery in coastal areas of Spain is well under way with property prices increasing by 4.3% in March, year-on-year, according to a report by Tinsa. The price of homes in coastal areas increased for the seventh consecutive time in the last 8 months whilst the Balearic and Canary Islands registered their fifth consecutive… Read more »

February Proved a Bumper Month for Spanish Homes Sales

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The amount of Spanish home sales increased by 15.8% in February, year-on-year, representing the highest number of property purchases in any one month in the last three years, according to the National Statistics Institute. There were 34,771 homes sales in February, 7.3% more than in the previous month; January put an end to the run… Read more »

Carlos Slim Prepared for Spanish Real Estate Recovery

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Mexico’s high profile property backer Carlos Slim pushes investment in Spain as the property market emerges from recession. The world’s fourth-richest person on Bloomberg’s Billionaires Index has taken full advantage of low prices when investing in companies and views Spain as a good, solid place to invest in real estate. The Spanish property market has… Read more »